Offshore Gambling

Offshore gambling refers to casinos that are run in countries that are outside of the United States. They are advertising within the US and are showing up as normal gambling sites. The only difference is that they are holding their license in other countries (such as Aruba). These are American citizens who hold companies offshore to avoid certain restrictions and tax implications.

Legal Offshore GamblingOffshore gambling is completely legal. The World Trade Order (WTO) just approved the business. Even though the US government thinks it is illegal and wants it stopped, there is nothing that can be done about it. This type of gambling might be taking money away from the bigger casinos and Las Vegas, but as of now, they are legal.

Just because you hear offshore does not mean that they are going to have strange games or shady security. They are not as regulated as other US enterprises and might have a few interesting games, but they will have the same basic casino games. These include Blackjack, Roulette, Craps and the other main table games you see in Vegas.

Most people will not know the difference between offshore and homeland gaming. But, tax implications might make you think twice. If you are gambling offshore, you had better find out what that means in terms of finances. You might be catching a break or giving yourself a headache.